Polyester POY & DTY prices dip in Chinese domestic market

03 Mar '15

3 min read

Paraxylene (PX) prices increased in Asian markets. PX prices went up in SE Asia, where they ranged between US$ 920 and 925 per ton. In the FE Asian market, PX went up to US$ 905 per ton. Prices of PX imported from the Taiwanese market were stable in a range of US$ 895 to 900 per ton.

PTA prices increased in Asia. SE Asian market witnessed an increase in PTA prices which ranged between US$ 655 and 660 per ton. In the FE Asian market, PTA prices went up to US$ 635 per ton. Prices of PTA imported from the Taiwanese market were stable in a range of US$ 610 to 615 per ton. In the Chinese domestic market, PTA prices increased to a range of RMB 4720 to 4770 per ton.

Ethylene prices showed mixed trend in Asian markets. In the SE Asian market, Ethylene prices went up and they ranged between US$ 1015 and 1020 per ton. In the FE Asian market, Ethylene prices were stable at US$ 970 per ton. In the US market, Ethylene prices declined and they ranged between 34.50 and 35.00 cents per pound. Ethylene prices were stable in the European international as well as in domestic markets to US$ 920 per ton and € 820 per ton, respectively.

MEG prices increased in Asia. In SE Asia, MEG prices went up to US$ 875 per ton. In the Chinese international market, MEG prices went up and they ranged between US$ 845 and 850 per ton. In the Chinese domestic market, MEG prices decreased to a range of RMB 6440 to 6490 per ton.

In SE Asia, prices of BG PET Chips remained unaffected ranging between US$ 935 and 975 per ton, and some deals were concluded in the range of US$ 945 to 985 per ton. In the FE Asian market, selling offers were stable in the range of US$ 955 to 995 per ton, while talked prices hovered in the range of US$ 965 to 1005 per ton. In the Chinese market, BG PET Chips’ prices went up ranging between RMB 7175 and 7225 per ton.

In the Korean market, prices of FG PET Chips remained unaffected in the range between US$ 840 and 870 per ton. In the Indian market, FOB based prices were in the range of US$ 850 to 880 per ton. In the Chinese market, FG PET Chips’ prices increased ranging between RMB 6600 and 6650 per ton.

PSF prices remained unaffected in Asia. In the FE Asian market, PSF prices were stable at US$ 1050 per ton. In the SE Asian market, PSF selling prices were stable at US$ 950 per ton. In the Chinese domestic market, PSF prices were stable ranging between RMB 7425 and 7450 per ton.

In the Chinese domestic market, prices of Polyester POY and DTY declined to RMB 7425 per ton and RMB 9050 per ton, respectively, while FDY prices increased to RMB 7500 per ton. In the export market, offers for POY were stable at US$ 965 per ton, while DTY prices declined to US$ 1180 per ton and FDY prices increased to US$ 960 per ton.

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Fibre2fashion News Desk - India

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